If our imaginary scenario was reality I'd suggest a portfolio with both local and distant properties.  

Graduating with a business degree may help you avoid common business mistakes; mistakes that can break you earlier on.

They can use a little more common sense in these types of situations (your education level, your track record, your income, etc) and lend on that basis.

Hi all-I was hoping to get the Community's take on the following scenario...I am looking to acquire my 5-6th units via a duplex.

Single-hung usually next in line, then double-hung... casement/awning windows of comparable size are usually the most costly of the common window types.Be sure to pay attention to the egress needs - while a 2650 DH might meet egress, a 2650 casement may not (or it may need side pivot hardware).I could write a small novel on what to look for when buying windows... however, sleep beckons.

Originally posted by @Joe Villeneuve:The Original cash goes into the first, out the first into the 2nd, out the 2nd into the third, .............in the 'n'th, out the 'n'th (last), and it is never spent...just used "n" number of times.Under my scenario, your first purchase will NOT be using all (your) cash, but just a normal 20-25% deposit.

Are you sure this  scenario is correct?

Delaware is great for a lot of different scenarios, but not typically in the area you are looking at.Also, S Corps may be great for operational businesses, but you should generally avoid them for anything that holds real estate due to appreciation issues.  

Daughter-in-law had right of survivor ship as we're tenants in common.

If you don't own your current residence but are paying more than 100-150/mo then my common sense says you're winning.